Hi DB1,
Yes, I did.
The number is $1.92, with $800m capital exp
The number is $2.81 with $650m capital exp
With RXM closing at $1.92 (intrinsic value), for OZL to see value, either
a) OZL would need to be able to do the capital for $650m ($1.92 * 30% t/o prem = $2.50) or
b) RXM sp would need to fall to $1.48 to give a t/o of $1.92)
Does all that make sense? If not, let me know and I will try and elaborate a bit more.
HT1
- Forums
- ASX - By Stock
- ozl strategy
Hi DB1,Yes, I did.The number is $1.92, with $800m capital expThe...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online